Bryn Mawr Bank Corporation Announces Date of Second Quarter 2019 Financial Results
July 02 2019 - 4:30PM
Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”),
parent of The Bryn Mawr Trust Company, (“BMT”) expects to report
second quarter 2019 financial results before markets open on
Thursday, July 18, 2019.
About Bryn Mawr Bank Corporation
Bryn Mawr Bank Corporation, including its principal subsidiary,
The Bryn Mawr Trust Company (“BMT”), was founded in 1889, and is
headquartered in Bryn Mawr, Pa. BMT is a locally managed, premier
financial services company providing retail and commercial banking;
trust administration and wealth management; and insurance and risk
management solutions. Bryn Mawr Bank Corporation has $4.6 billion
in corporate assets and $14.7 billion in wealth assets under
management, administration, supervision, and brokerage (as of
3/31/19). Today, the company operates 43 banking locations, five
(5) wealth management offices and two (2) insurance and risk
management locations in the following counties: Montgomery,
Chester, Delaware, Philadelphia, and Dauphin Counties in
Pennsylvania; New Castle County in Delaware; and Mercer and Camden
Counties in New Jersey. For more information, visit bmt.com.
FORWARD LOOKING STATEMENTS AND SAFE HARBOR
This press release contains statements which, to the extent that
they are not recitations of historical fact may constitute
forward-looking statements for purposes of the Securities Act of
1933, as amended, and the Securities Exchange Act of 1934, as
amended. Such forward-looking statements may include financial and
other projections as well as statements regarding the Corporation’s
future plans, objectives, performance, revenues, growth, profits,
operating expenses or the Corporation’s underlying assumptions. The
words “may,” “would,” “should,” “could,” “will,” “likely,”
“possibly,” “expect,” “anticipate,” “intend,” “indicate,”
“estimate,” “target,” “potentially,” “promising,” “probably,”
“outlook,” “predict,” “contemplate,” “continue,” “plan,”
“forecast,” “project,” “are optimistic,” “are looking,” “are
looking forward” and “believe” or other similar words and phrases
may identify forward-looking statements. Persons reading this press
release are cautioned that such statements are only predictions,
and that the Corporation’s actual future results or performance may
be materially different.
Such forward-looking statements involve known and unknown risks
and uncertainties. A number of factors, many of which are beyond
the Corporation's control, could cause our actual results, events
or developments, or industry results, to be materially different
from any future results, events or developments expressed, implied
or anticipated by such forward-looking statements, and so our
business and financial condition and results of operations could be
materially and adversely affected. Such factors include, among
others, our inability to successfully integrate acquired
businesses, the possibility that integration may take longer than
anticipated or be more costly to complete and that the anticipated
benefits, including any anticipated cost savings or strategic gains
may be significantly harder to achieve or take longer than
anticipated or may not be achieved, our need for capital, our
ability to control operating costs and expenses, and to manage loan
and lease delinquency rates; the credit risks of lending activities
and overall quality of the composition of our loan, lease and
securities portfolio; the impact of economic conditions, consumer
and business spending habits, and real estate market conditions on
our business and in our market area; changes in the levels of
general interest rates, deposit interest rates, or net interest
margin and funding sources; changes in banking regulations and
policies and the possibility that any banking agency approvals we
might require for certain activities will not be obtained in a
timely manner or at all or will be conditioned in a manner that
would impair our ability to implement our business plans; changes
in accounting policies and practices; litigation; cybersecurity
events; the inability of key third-party providers to perform their
obligations to us; our ability to attract and retain key personnel;
competition in our marketplace; war or terrorist activities;
material differences in the actual financial results, cost savings
and revenue enhancements associated with our acquisitions; and
other factors as described in our securities filings. All
forward-looking statements and information set forth herein are
based on management’s current beliefs and assumptions as of the
date hereof and speak only as of the date they are made. The
Corporation does not undertake to update forward-looking
statements.
For a complete discussion of the assumptions, risks and
uncertainties related to our business, you are encouraged to review
our filings with the Securities and Exchange Commission, including
our most recent Annual Report on Form 10-K, as updated by our
quarterly or other reports subsequently filed with the SEC.
FOR MORE INFORMATIONFrank Leto, President,
CEO610-581-4730Mike Harrington, CFO610-526-2466
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